These buys are building value for investors

Article Excerpt

Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments or strategies that promise to brighten your prospects. Here are two buys that stand out this month: WYNDHAM HOTELS & RESORTS $73.11, is suitable for your new buying. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 93.5 million; Market cap: $6.8 billion; Dividend yield: 1.3%) is the world’s largest hotel franchiser, with 798,000 rooms across 9,000 hotels in more than 95 countries. Investors tap the company’s 21 hotel brands. They include Super 8, Days Inn, Ramada, Hawthorn Suites and Wyndham. La Quinta (Wyndham paid $2 billion for its 900 hotels in 2018) is a new addition. What’s more, the company has 190,000 rooms (1,400 hotels) in its expansion pipeline. Of those, 36% are slated for the U.S., with 64% internationally. Wyndham will now raise its quarterly dividend by 50% with the September 2021 payment, to $0.24 from $0.16. The…